Summary - 142 LONDON ROAD CHESTERTON NEWCASTLE ST5 7JD
3 bed 1 bath Terraced
Auction sale ideal for investors seeking low-entry renovation potential.
Vacant freehold three-bedroom Victorian mid-terrace
A vacant freehold three-bedroom Victorian mid-terrace offered at auction with strong short-term upside for an investor or developer. The property has double glazing, gas central heating and a D energy rating, but requires full modernisation throughout. Its solid brick construction and linear layout lend themselves to straightforward refurbishment or rental conversion subject to consents.
Set on London Road in Chesterton, the house sits close to local amenities, regular bus routes and several well-rated primary schools, supporting long-term lettability in a predominantly family area. The small rear yard and compact plot limit extension potential, but lower entry price and average internal size offer scope for value-add cosmetic and systems upgrades.
Buyers should note the sale is by public auction with a 42-day completion period and an administration fee payable on exchange. The neighbourhood records above-average crime and very high area deprivation; undertake local due diligence and consult the legal pack for any additional costs or restrictions before bidding.
For a buyer prepared to invest in renovation, this property offers an affordable route into the Newcastle-under-Lyme market with sensible refurbishment potential and rental demand from nearby schools and transport links. Unfinished condition means immediate works and costs will be required to achieve habitable, modern standards.
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